Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARDS :: empanelment :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: form 3cd :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: ACCOUNTING STANDARD :: due date for vat payment :: TDS :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India
 
 
VAT (Value Added Tax) »
 Income Tax Appellate Tribunal Bangalore Banches Bangalore 'A' Bench DB Case Causelist for The Week from 22-05-2017 To 25-05-2017
 Amendments in Second schedule appended to Delhi Value Added Tax Act, 2004
 Haryana govt exempts solar devices from VAT net
 Court rules out VAT on Paradise equity transfer
 VAT gone but riddle of derivatives traded on commodity exchanges lives on
 Rule 2(L) Of Cenvat Credit Rules, 2004 Amended
 Haryana govt exempts solar equipment from VAT
 AP to push for same benefits under GST for VAT exempted goods
 Andhra Pradesh to push for same benefits under GST for VAT exempted goods
 Petrol prices set to rise in Goa with increase in VAT
 Payment systems to remain open on all days from March 25, 2017 to April 1, 2017

Birthday gift? CM hikes VAT
September, 14th 2011

On his birthday on Tuesday, chief minister N Kiran Kumar Reddy issued orders increasing Value Added Tax (VAT) on 3,000 common goods from 4 per cent to 5 per cent, effective from Wednesday. TOI had reported the state government's plan to effect such a hike a fortnight ago.

GO No 1718 issued on Tuesday by the revenue department increased the tax for goods in schedule-IV list. Starting from salt, match box to IT software, all products which are taxed at 4 percent at present will attract 5 percent from now onwards. The one percent increase will fetch the state government an additional revenue of Rs 1,600 crore every year.

The other items that will come under the hike include pulses, cotton, vegetable oils, coconut oil, bricks, yarn, coffee, tea products, vanaspati, umbrellas, bicycles tri-cycles, rickshaws, wheat, rice, paddy, steel and aluminum equipment, jaggery, flour, atta, maida, suji, besan, maida, pesticides, jaggary, iron, zinc, copper, bulk drugs, IT software, hardware, electrical calculators, crude oil, drugs and medicines, cosmetics, medicated goods, all intangible goods including copyright, patent, licensed goods, tiles, beedi leaves, micro phones, telephone equipment, radio communication equipment, printed circuits, footwear, paper, readymade garments, sewing machines, silk fabrics, skimmed milk, all spices, sports goods, tamarind, tractors, tyres, tubes, wheels, minerals, jute, printing ink and salt.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Customer relationship management software CRM software Operational CRM Collaborative CRM

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions